"ETH Bros" Long Position Sees Unrealized Gain of Over $3.3 Million, But Cumulative Loss Over the Past Year Still Stands at $31.5 Million

BlockBeats News, August 20th, according to EmberCN's monitoring, the well-known trader "Machi Big Brother" has been holding a long position on ETH for a long time. In the past year, he has been liquidated hundreds of times, even up to a thousand times, due to high-leverage trading.

With ETH's recent single-day surge of 17%, his ETH long position, worth $48.22 million, is currently realizing a profit of approximately $3.34 million, finally achieving a partial reward. However, this trader had accumulated losses of up to $31.5 million before.